Midwest

A plan to eliminate Michigan’s income tax is headed to the full state House of Representatives for a vote.

Indiana may put tolls on its interstates to fund road work under a state House-approved bill.

Chicago-based Roosevelt University’s rating was dropped further into junk territory over its ongoing enrollment struggles that haven’t been helped by the state budget impasse.

Flint and its utility customers are on the verge of losing water credits that offered more than $40 million in payment relief and help in covering city water payments at it recovered from it water contamination crisis.

IIlinois Gov. Bruce Rauner’s proposed fiscal 2018 budget banks additional tax revenue from the so-called “grand bargain” to fund $37.3 billion of spending.

Legislation that would pave the way for state oversight and appointment of an emergency manager for Indiana’s embattled Gary Community School Corp. in Indiana is headed to the state House after passing the Senate.

Calling passage of a compromise budget plan a matter of “political will,” Illinois Gov. Bruce Rauner offered his support for an income tax increase and expanded sales tax as long as the deal permanently freezes local property taxes, caps spending, and overhauls worker’s compensation.

The Chicago Board of Education and a group of parents sued Gov. Bruce Rauner and the Illinois Board of Education, charging that the state’s funding system discriminates against its mostly minority student population.

Issuers in the Midwest sold $87.2 billion of municipal bonds in 2016, a 23.4% year-over-year increase that was the biggest of any region.

Indiana is looking for solutions to concerns S&P Global Ratings raised over its school bond intercept program when it placed the program on CreditWatch negative.